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K92 Mining Inc T.KNT

Alternate Symbol(s):  KNTNF

K92 Mining Inc. is a Canada-based company, which is engaged in the production of gold, copper and silver at the Kainantu Gold Mine in the Eastern Highlands province of Papua New Guinea, as well as exploration and development of mineral deposits in the immediate vicinity of the mine, including Blue Lake, in Papua New Guinea. The Company holds the mining rights to Mining Lease 150 (ML 150). Within and surrounding ML 150 is an epithermal vein field consisting of multiple known and highly prospective vein systems: Kora, Irumafimpa, Karempe, Judd, Kora South, Judd South, Mati, Maniape and Arakompa. Mining is focused on the Kora vein system, consisting of two dominant veins and the Judd vein system consisting of four known veins with one vein being mined. There are multiple near-mine infrastructure targets, within the Kora-Kora South, Judd-Judd South and Karempe vein systems.


TSX:KNT - Post by User

Comment by Bjornsjodin82on Jan 04, 2022 12:53pm
205 Views
Post# 34282144

RE:kora

RE:kora No need go call. Just got an answer. Here it is : Hi Bjrn, Thanks for reaching out. Based on discussions with investors and our consultant, we have now planned to release the results in the New Year, as it has became increasingly clear that there was not an audience for the results over the holidays. Our consultant needed more time to complete the Kora resource (his bandwidth was limited over the holidays as well) and feedback from investors and analysts has been that it makes more sense to release Kora and Judd together, with a single conference call/webcast vs having two resource estimate press releases close together. This also provides a clearer picture for the market for the DFS/PEA at once vs potentially updating analyst models with published notes twice.
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